







Little is known about the relation between entrepreneurship and the extent of psychiatric symptoms. Validated psychiatric symptom scores are seldom used for non-clinical reasons. One prevalent symptom that deserves our interest is Attention Deficit and Hyperactivity Disorder (ADHD). ADHD is a developmental disorder characterized by inattentiveness and hyperactivity that has been linked to occupational choice and performance. Building on the person–environment fit literature, we hypothesize that individuals who exhibit behavior associated with ADHD are more likely to have entrepreneurial intentions. Using a sample of 10,104 students enrolled in higher education, we can confirm our prediction that students with a higher level of ADHD-like behavior are more likely to have entrepreneurial intentions. Additionally, we show that risk taking propensity is a mediator that partly explains this positive effect. Our study points to the importance of behavioral tendencies associated with developmental disorders, when making entrepreneurship decisions. Our study contributes to the literature on the determinants of entrepreneurship, which so far has largely neglected the effects of psychiatric symptoms on entrepreneurship.
Attention Deficit/Hyperactivity Disorder (ADHD) and Entrepreneurship
Several empirical papers have reported an association between attention deficit/hyperactivity disorder (ADHD) and facets of entrepreneurship. While much research has documented that adults with ADHD often are impaired in the occupational domain and have difficulties maintaining full-time employment, these recent papers intimate that entrepreneurship may represent an attractive occupational option for adults with ADHD. Indeed, adults with ADHD who are entrepreneurs anecdotally report benefiting in their entrepreneurial endeavors from their ADHD. From this perspective, symptoms and traits associated with ADHD might be beneficial, not impairing. This paper discusses ADHD theory and clinical characteristics of adults with ADHD and how both may translate to entrepreneurship, then reviews the existing data that have been published on the association between ADHD and entrepreneurial intention and entrepreneurial orientation. These data suggest that hyperactivity symptoms (and not inattentive symptoms) may be more responsible for the reported associations between ADHD and aspects of entrepreneurship. At this point, the research on ADHD and entrepreneurship is too nascent to propose practical implications, but this paper suggests potential directions for future research and policy.
ADHD, impulsivity and entrepreneurship
Recently, entrepreneurship scholars have started to show interest in how “negative” traits associated with mental disorders such as ADHD may have positive implications in entrepreneurship. While this research has the potential of producing important and counter-intuitive results, it is still in its infancy and the causal mechanisms that drive those individuals to be attracted to entrepreneurship have received limited attention. Consequently, we draw on the person-environment fit literature and propose that individuals are attracted to, and engage in, entrepreneurship because the task environment of entrepreneurship which favors speed of action is aligned with the traits of those individuals. We develop and test a model which suggests that ADHD influences entrepreneurship through the multifaceted trait of impulsivity. We find that inattention is negatively but hyperactivity is positively associated with entrepreneurship. We also find that sensation seeking and lack of premeditation generally positively influences entrepreneurship, whereas urgency has the opposite influence. Taken together, this suggests complex, multifaceted implications of ADHD and impulsivity in entrepreneurship. Theoretical implications of these findings are discussed. Research on entrepreneur personality has been mostly associated with positive traits, such as self-efficacy and achievement motivation. However, most traits are not universally positive or negative and what is functional or dysfunctional depends on context (Judge et al., 2009). Entrepreneurship is characterized by uncertainty, which indices anxiety, worry, procrastination and inaction among most people (McMullen and Shepherd, 2006; Paulus, 2007). However, it is also a vocation that grants more autonomy in terms of job design and task allocation, which may be attractive to individuals who need more leeway in designing their own tasks. Acknowledging the high uncertainty and autonomy in entrepreneurship, we argue that ADHD symptoms, which are associated with negative consequences in many areas of life, may have positive implications in the context of entrepreneurship because ADHD is characterized by traits such as sensation seeking, a focus on action with little premeditation, and a desire for autonomy. We employ person-environment fit theory (e.g., Holland, 1997) to argue that ADHD symptoms influence entrepreneurial preferences and behavior through the multi-dimensional traits of impulsivity. Specifically, ADHD symptoms are related to higher levels of sensation seeking, lack of premeditation, lack of perseverance and urgency. These traits in turn influence the perceived attractiveness of entrepreneurship and the probability of starting a business. We conducted surveys on a sample of MBA alumni from a school that is consistently ranked as one of the top fifty public MBA programs, who by virtue of their degree tend to have viable job opportunities and were thus less likely to be pushed into entrepreneurship. We find that ADHD symptoms have a complicated relationship with entrepreneurial preferences and action, with the pathway through sensation seeking and lack of premeditation being mostly positive while the pathway through urgency being negative. Further, hyperactive symptoms seem to mainly result in positive outcomes while inattention symptoms lead to negative ones. Our findings demonstrate that entrepreneurship is indeed a unique area where negative traits, such as ADHD, may represent valuable assets. Previous research has mostly associated ADHD with negative job-related outcomes (Barkley et al., 2006). Our research indicates that certain aspects of ADHD symptoms, such as sensation seeking and lack of premeditation, could lead individuals to be attracted to entrepreneurship and to start their own businesses. This suggests a contextualized view of personality traits, as well as boundary conditions to existing theories. Second, we develop and empirically test a model that links ADHD symptoms to entrepreneurship through the multi-dimensional traits of impulsivity, which provides a more nuanced and theoretically interesting understanding of the ADHD—entrepreneurship relationship. The same can be said about our findings of the differential influences of inattention and hyperactivity symptoms. Thus, this paper contributes to previous research on ADHD and entrepreneurship that has mostly examined the bivariate relationship between the two (e.g., Veryheul et al., 2015; Thurik et al., 2016). Finally, our post-hoc analyses showed that the effects of ADHD symptoms on entrepreneurship are more pronounced under highly uncertain environments. This is consistent with our theorizing, suggesting that individuals with ADHD symptoms are more likely to harness advantages associated with ADHD rather than suffer from associated disadvantages in highly uncertain and dynamic environments such as entrepreneurship. There are at least two important practice implications of our results. First, our results imply that individuals with ADHD symptoms may be empowered to craft their own jobs to fit their special needs. Second, our findings suggest that people with ADHD symptoms and impulsivity will tend to prefer action speed over action accuracy and that this may be functional in the context of entrepreneurship.
Entrepreneurship and attention deficit/hyperactivity disorder: a large-scale study involving the clinical condition of ADHD
A growing conversation has emerged linking ostensibly dark or pathological individual-level characteristics to entrepreneurship. Attention deficit/hyperactivity disorder (ADHD) is among the most central and emblematic. Recent studies have made great strides—articulating the theoretical relevance of ADHD-type behavior in entrepreneurship and suggesting a positive link consistent with narratives in the popular press. However, quantitative studies have yet to empirically examine ADHD in line with its theoretical roots and definition—as a clinical disorder. The present paper contributes by providing a theoretically–empirically aligned test of the connection between the condition of ADHD and entrepreneurial intention and action. Based on a large-scale data collection effort (N = 9869) and cross-sectional methodology, the results find a positive connection between clinical ADHD and entrepreneurial intentions as well as entrepreneurial action. This grounds prior research on ADHD and entrepreneurship, indicating that individuals with ADHD are indeed more likely to not just espouse entrepreneurial intentions, but also to initiate business venturing. Considering the design, it suggests a self-selection toward entrepreneurship in individuals with ADHD (before potentially being a choice of last resort).
ADHD symptoms, entrepreneurial passion, and entrepreneurial performance
Recent studies have substantially enhanced our understanding of attention deficit and hyperactivity disorder (ADHD) in entrepreneurship—articulating the theoretical relevance of ADHD-type traits in entrepreneurship and confirming the positive linkages between ADHD symptoms/diagnosis and entrepreneurial intentions and behavior. However, how and why some people with ADHD symptoms run successful ventures, while other entrepreneurs fail to perform well, is still not well established. Our study builds on a Gestalt perspective that integrates person–environment fit and broaden-and-build theorizing, and proposes that strong positive emotions enable entrepreneurs with ADHD symptoms (at the subclinical level) to mitigate/reinforce the effect of ADHD’s trait-specific weaknesses/strengths to achieve entrepreneurial performance. Relying on fuzzy-set methodology, our findings indicate that for entrepreneurs with ADHD symptoms, entrepreneurial performance occurs when they simultaneously experience passion for founding and developing. This passion configuration is unique to successful ADHD-type entrepreneurs. As such, this study offers novel theoretical and empirical insights as well as implications for practitioners.
ADHD and Entrepreneurship: Unlocking the Potential of Those Who Break the Mold
Having symptoms related to the hyperactive-impulsive presentation of ADHD can spur innovativeness, proactiveness and risk-taking.

The association between attention-deficit/hyperactivity (ADHD) symptoms and self-employment
Attention-deficit/hyperactivity (ADHD) symptoms have been associated with the decision to become self-employed. Although these symptoms are generally regarded as disadvantageous, there may also be a bright side. To our knowledge, however, there has been no systematic, epidemiological evidence to support this claim. This paper examines the association between ADHD symptoms and self-employment in a population-based sample from the STAGE cohort of the Swedish Twin Registry (N = 7208). For replication, we used a sample of Dutch students who participated in the Global University Entrepreneurial Spirit Students' Survey (N = 13,112). In the Swedish sample, we found a positive association with self-employment for both general ADHD symptoms [odds ratio (OR) 1.13; 95 % confidence intervals (CI) 1.04-1.23] and hyperactivity symptoms [OR 1.19; 95 % CI 1.08-1.32], whereas no association was found for attention-deficit symptoms [OR 0.99; 95 % CI 0.89-1.10]. The positive association between hyperactivity and self-employment was replicated in the Dutch student sample [OR 1.09; 95 % CI 1.03-1.15]. Our results show that certain aspects of ADHD, in particular hyperactivity, can have a bright side, as they are positively associated with self-employment.
Entrepreneurship and ADHD: Fast Brain, Fast Company?
Entrepreneurship and ADHD are connected in research — and the anecdotal success of businesses ranging from JetBlue to Kinko’s and beyond. Here, entreprene…

Hyperactive–impulsive ADHD traits predict higher curiosity in adults: evidence from a cross-sectional study
Attention-deficit/hyperactivity disorder (ADHD) is typically framed in terms of difficulties with sustained attention, behavioral regulation, and impulse control, yet growing work suggests that some associated traits may also relate to potentially adaptive tendencies. Curiosity has been highlighted in qualitative research as one such trait that can function as both a strength and a challenge for adults with ADHD, but quantitative evidence examining its relationship to ADHD traits remains limited. This study examined whether ADHD traits are associated with individual differences in trait curiosity in adults.

Measuring Self-Control Problems
We develop a survey instrument to measure self-control problems in a sample of highly educated adults. This measure relates in the manner that theory predicts to liquid wealth accumulation and personality measures. Yet while self-control problems are typically seen as resulting in overconsumption and low wealth, we identify a significant group who underconsume and thereby accumulate high levels of wealth. In addition, self-control problems are smaller in scale for older than for younger respondents. Those who put money aside in retirement accounts may be delaying access to a point at which self-control problems are no longer important. (JEL D12, D14)
The persistence of cognitive biases in financial decisions across economic groups
While economic inequality continues to rise within countries, efforts to address it have been largely ineffective, particularly those involving behavioral approaches. It is often implied but not tested that choice patterns among low-income individuals may be a factor impeding behavioral interventions aimed at improving upward economic mobility. To test this, we assessed rates of ten cognitive biases across nearly 5000 participants from 27 countries. Our analyses were primarily focused on 1458 individuals that were either low-income adults or individuals who grew up in disadvantaged households but had above-average financial well-being as adults, known as positive deviants. Using discrete and complex models, we find evidence of no differences within or between groups or countries. We therefore conclude that choices impeded by cognitive biases alone cannot explain why some individuals do not experience upward economic mobility. Policies must combine both behavioral and structural interventions to improve financial well-being across populations.

Could Shades of Asperger’s be the Secret to Becoming a Billionaire?
Success always leaves clues…
How Bad Entrepreneurs Reveal Themselves in the First 5 Seconds of a Pitch
A few simple words is all it takes to figure out a founder’s odds of startup success.
Entrepreneuring for a Post-Growth Economy: From Sustainable to Post-Growth Entrepreneurship
Earth's critical planetary boundaries are being exceeded and current economic development models are failing to provide adequate societal benefits. Urgent
How the hypercuriosity of ADHD may have helped humans thrive | Aeon Essays
ADHD isn’t merely a dysfunction. It’s best understood as an impulsive motivational drive for novel information

How the hypercuriosity of ADHD may have helped humans thrive | Aeon Essays
ADHD isn’t merely a dysfunction. It’s best understood as an impulsive motivational drive for novel information
